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505 Foresteria Drive
505 Foresteria Drive
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For Sale

505 Foresteria Drive

505 Foresteria Drive, Lake Park, FL 33403

$750,000
Fully leased quadplex with multifamily zoning (up to 10 units) in a high-growth Lake Park location. Immediate cash flow from day one with all units occupied, plus strong upside through future redevelopment or added density. Prime location just minutes to the Intracoastal, 8-10 minutes to Singer Island beaches, ~3 minutes to Publix, with quick access to US-1, I-95, and ~20 minutes to PBI Airport. High-demand rental corridor supports consistent occupancy and long-term appreciation. Stabilized income with built-in upside. Opportunities like this are limited. All information pertaining to the property is deemed reliable, but not guaranteed. Information to be verified by the Buyer. Be advised that cameras may exist recording audio and video inside/outside the property, such as ring doorbells. Photos are digitally enhanced and could be altered, please verify.

Studio

1,732 Sq.Ft. LIVING AREA

6,098.4 Sq.Ft. lot

Micah Volmer

Micah Volmer

Features & Amenities

Interior

  • total bedrooms0
  • Laundry room Washer Hookup, Electric Dryer Hookup, Inside, In Garage
  • Flooring Clay, Tile

Area & Lot

  • Status For Sale
  • Living Area1,732 Sq.Ft.
  • Total Area2,325 Sq.Ft.
  • Lot Area6,098.4 Sq.Ft.
  • MLS® IDB26013374
  • TypeMulti-Family
  • YEAR BUILT1945
  • NeighborhoodWest Palm Beach
  • Water FrontageNone
  • View DescriptionOther
  • Elementary SchoolLake Park
  • Middle SchoolHowell L. Watkins
  • High SchoolPalm Beach Gardens

Exterior

  • STORIES1
  • water SourcePublic
  • utilitiesElectricity Connected, Sewer Connected, Water Connected
  • roofComposition, Shingle
  • lot featuresInterior Lot, 1/4 Acre
  • HEAT TYPEWall Furnace
  • AIR CONDITIONINGCeiling Fan(s), Wall/Window Unit(s)
  • sewerPublic Sewer
  • SubstructureConcrete Perimeter, Raised, Slab
  • other exterior FeaturesNone

Financial

  • Sales Price$750,000
  • Real Estate Tax $11,413/yr
  • Zoning R1 (city)
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Schedule a Showing

I would love to show you this beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.

Thank you for your interest in 505 Foresteria Drive, Lake Park, FL 33403. We are reviewing your request and will be in touch shortly!

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West Palm Beach

26.7145° N, 80.0549° W

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